Almost all Asia indices outperform equity benchmarks


It is always good to see a hedge fund median in positive territory for a particular month, when the corresponding market benchmark indices are well on the negative side. It is particularly heartening, therefore, to see the Japan median up 0.72% for January, compared to -0.71% for TOPIX and -3.3% for the Nikkei.

Indeed, in a month when all of the leading Asia-Pacific markets dropped, all of the AsiaHedge medians outperformed - with the single exception of Asia including Japan. Here the median performance of -2.3% lagged the MSCI Pacific free index on -1.35%.